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Renovated Quadplex Exceeding The 1% Rule $650k

912 Isbell Rd, Fort Worth
ROI
19.97% IRR
Strategy
Long Term Rental
Located north of Fort Worth. Completely renovated. All units are 3 beds. Lease comps are $1650 per door. Multis rarely sell in this area, it’s one of our target regions for appreciation and cashflow is difficult to find. Househacker and long-term buy/hold investors please take special note of this property! Taxes $13902.

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Renovated Quadplex Exceeding The 1% Rule $650k

Listed 09/12/2024

912 Isbell Rd, Fort Worth

Purchase Price:$650,000

Cash Outlay:$175,500

Cashflow:$1,104/mo

Cap Rate:7.42%

IRR:19.97%

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